Microvast Holdings, Inc. reports results for the quarter ended June 30 - Earnings Summary
Microvast Holdings, Inc. reports results for the quarter ended June 30 - Earnings Summary
Microvast Holdings, Inc. MVST.OQ reported a quarterly adjusted loss of 1 cent per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of two analysts for the quarter was for breakeven results per share.
Revenue fell 4.5% to $87.26 million from a year ago; analysts expected $94.40 million.
Microvast Holdings, Inc.'s reported EPS for the quarter was a loss of 3 cents.
The company reported a quarterly loss of $11.99 million.
Microvast Holdings, Inc. shares had fallen by 22.6% this quarter and lost 67.6% so far this year.
FORECAST CHANGES
In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the electrical components & equipment peer group is also "buy"
Wall Street's median 12-month price target for Microvast Holdings, Inc. is $5.50, about 84.1% above its last closing price of $0.87
This summary was machine generated from LSEG data August 10 at 10:25 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Jun. 30 2026 | 0.00 | -0.01 | Missed |
Mar. 31 2026 | 0.00 | -0.04 | Missed |
Dec. 31 2025 | 0.02 | -0.11 | Missed |
Sep. 30 2025 | 0.05 | 0.04 | Missed |
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